Running On Empty
By Mike Whitney
Consumer spending is 70% of GDP, but consumers have suddenly stepped on the brakes. This is a real game-changer. Even if the credit markets are restored and the banks show a greater willingness to lend; there will be no return to the pre-crisis consumption-levels of the past. Those days are over.
http://informationclearinghouse.info/article22976.htm
Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense
The CoC is the world's most powerful lobbying machine and it's working to make sure our money gets funneled to corporate execs.
http://snipurl.com/lq01w
The New Homeowner Hallucination
The next segment of the market to crash will be the mid- to high-end, where many smug homeowners are now telling themselves they'll just rent their houses for a year while they wait for the market to "come back." Needless to say, Mark thinks these folks are dreaming.
http://snipurl.com/lq02o
From Information Clearing House
http://freepage.twoday.net/search?q=GDP
http://freepage.twoday.net/search?q=consumer+spending
http://freepage.twoday.net/search?q=credit+market
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Chamber+of+Commerce
http://freepage.twoday.net/search?q=lobbying
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=Mike+Whitney
Consumer spending is 70% of GDP, but consumers have suddenly stepped on the brakes. This is a real game-changer. Even if the credit markets are restored and the banks show a greater willingness to lend; there will be no return to the pre-crisis consumption-levels of the past. Those days are over.
http://informationclearinghouse.info/article22976.htm
Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense
The CoC is the world's most powerful lobbying machine and it's working to make sure our money gets funneled to corporate execs.
http://snipurl.com/lq01w
The New Homeowner Hallucination
The next segment of the market to crash will be the mid- to high-end, where many smug homeowners are now telling themselves they'll just rent their houses for a year while they wait for the market to "come back." Needless to say, Mark thinks these folks are dreaming.
http://snipurl.com/lq02o
From Information Clearing House
http://freepage.twoday.net/search?q=GDP
http://freepage.twoday.net/search?q=consumer+spending
http://freepage.twoday.net/search?q=credit+market
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Chamber+of+Commerce
http://freepage.twoday.net/search?q=lobbying
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 4. Jul, 10:40
